Beyoncé Reportedly Considers Investing in Houston Rockets

After billionaire Les Alexander announced he would sell the Houston Rockets, several names have been suggested as potential buyers.

While many on social media had hoped Houston native Beyoncé would buy the team, Bloomberg now reports the superstar is considering investing in the Rockets. Bloomberg cited unnamed people familiar with the matter, and the report did not include what percentage of the team Beyoncé might buy.

Meanwhile, several well-known Houstonians have officially expressed interest in buying the team.

Houston billionaire Tilman Fertitta, CEO of Landry’s Inc., told media outlets he has an interest in purchasing the Rockets. Jim “Mattress Mack” McIngvale also told KPRC Click2Houston he’s interested in putting a group together to buy the team. Click2Houston also noted that Houston Texans owner Bob McNair is not interested, according to a statement from the NFL team. Fox 26 reports that former Rockets center Dikembe Mutombo also is trying to put together a group to bid for the team.

However, Beyoncé wouldn’t be the first celebrity to invest in a sports team. According to Bloomberg, Jay-Z once held a less than 1 percent stake in the NBA’s New York Nets; Justin Timberlake owns part of the Memphis Grizzlies, another NBA team; Jennifer Lopez and Venus and Serena Williams have stakes in the NFL’s Miami Dolphins; and Will Ferrell owns part of the Los Angeles Football Club, a Major League Soccer team.

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